:o i was going to sign off from the boob tube and i noticed your comment. Peugeot is the latest entrant into the indian market and they're manufacturing cars here. re: your comment, again :o How? Check out the pic below. And, re: this article, if Chery wants a quid pro quo entry into the Indian market for the JLR deal then let it be.SAIC is entering thru GM so why not Chery thru TATA Motors?. More cars is good.
These figures are from SIAM. excerpt below:
"India became the second fastest growing passenger vehicles market in the world with 9.90% jump in sales during January-August period. Germany topped the list with 11.20% rate.
India was followed by the US, Brazil and China with 9.30%, 7.50% and 6.05% growth, respectively.
On the commercial vehicles segment, India was the fourth fastest growing market in the world, with an increase of 15.80% in sales in January-August this year. Germany topped the chart with 23.30% growth.
The UK and Brazil found berths at second and third positions with 21.10% and 16.60% growth respectively, SIAM said.
"Global economy is going through turbulence, but the Indian economy is going strong. Besides, there is a good rainfall in this year. These are some positive factors," Sandilya said, adding commodity prices and international crude prices are likely to soften in the coming months "
source: SIAM
http://www.siamindia.com/